Quadcap Wealth Management LLC Acquires Shares of 3,499 Leidos Holdings, Inc. (NYSE:LDOS)

Quadcap Wealth Management LLC purchased a new stake in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 3,499 shares of the aerospace company's stock, valued at approximately $504,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of LDOS. Marshall & Sterling Wealth Advisors Inc. bought a new stake in Leidos in the 4th quarter valued at $25,000. Duncker Streett & Co. Inc. bought a new stake in Leidos in the 4th quarter valued at $27,000. Berbice Capital Management LLC bought a new stake in Leidos in the 4th quarter valued at $29,000. Mather Group LLC. increased its holdings in Leidos by 143.1% in the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after acquiring an additional 156 shares during the last quarter. Finally, Human Investing LLC bought a new stake in Leidos in the 4th quarter valued at $52,000. 76.12% of the stock is currently owned by institutional investors.

Insider Activity at Leidos

In related news, Director Gregory R. Dahlberg sold 1,250 shares of Leidos stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $154.55, for a total value of $193,187.50. Following the sale, the director now directly owns 20,195 shares in the company, valued at approximately $3,121,137.25. The trade was a 5.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Gary Stephen May sold 2,128 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total value of $279,278.72. Following the transaction, the director now directly owns 11,264 shares of the company's stock, valued at $1,478,287.36. The trade was a 15.89% decrease in their position. The disclosure for this sale can be found here. 0.96% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently weighed in on LDOS. William Blair downgraded shares of Leidos from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Cantor Fitzgerald upgraded shares of Leidos to a "strong-buy" rating in a report on Tuesday, February 25th. Royal Bank of Canada lifted their price target on shares of Leidos from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research note on Wednesday, May 7th. UBS Group lifted their price target on shares of Leidos from $149.00 to $168.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. Finally, Wells Fargo & Company lifted their price target on shares of Leidos from $173.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Five research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $180.69.

Leidos Stock Up 0.3%

Shares of LDOS traded up $0.43 during mid-day trading on Monday, hitting $159.43. 915,422 shares of the company traded hands, compared to its average volume of 1,215,714. The business has a 50 day moving average of $142.23 and a 200 day moving average of $148.39. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $20.52 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 1.65 and a beta of 0.65. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90.

Leidos (NYSE:LDOS - Get Free Report) last posted its earnings results on Tuesday, May 6th. The aerospace company reported $2.97 EPS for the quarter, beating analysts' consensus estimates of $2.47 by $0.50. The firm had revenue of $4.25 billion for the quarter, compared to analysts' expectations of $4.11 billion. Leidos had a return on equity of 30.93% and a net margin of 7.53%. The company's quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the firm earned $2.29 EPS. Equities research analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be given a dividend of $0.40 per share. The ex-dividend date is Monday, June 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.00%. Leidos's dividend payout ratio (DPR) is 16.10%.

Leidos Profile

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.